Another completed M&A transaction announced. PEM Corporate Finance advised on the sale of Hanworth Laboratories to Disperse plc. Hanworth is a local specialist manufacturer of cosmetics, and a business with lots of know how too in matching unusual colours and formulations, with designer label and high street retail customers as a result. Disperse is an acquisitive AIM listed plc which has purchased various cosmetic brands but until this deal lacked a manufacturing facility. The strategic logic of the acquisition is further enhanced as Disperse will also benefit from the know-how of the Hanworth team, particularly Chris Sandy and Terry Hartin. Lots more on our website on this and other M&A work we have undertaken. James Allen and Parmjit Bhogal of Cambridge based solicitors Taylor Vinters acted for Chris and Terry on the disposal.